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Free Technical Indicators for MetaTrader 4 - 11

icon Signals from technical indicators listed below play a crucial role in opening and closing deals in MetaTrader 4 platform. The essence of indicators is a mathematical transformation of a financial symbol price aimed at forecasting price changes.
Super trend is one of the best trend indicators in metatrader 4 (MT4). Triple SuperTrend indicator is an indicator that consist of three super trend indicator that can be aranged. This indicator is built by mql4 language and doesn't provided by MT4 platform. Highly recommended using EMA SuperTrend Strategy Indicator if you want to get better result in here: https://www.mql5.com/en/market/product/91664 This indicator is easy to use, power full and has many benefits, there are: Using three indic
FREE
Sentinelle SR
Heritage Finance LTD
Sentinelle SR — structural alerts for the discretionary trader Sentinelle SR is an   alert   indicator, not a robot. It places no orders: it watches market structure and warns you — mobile push, alert window, on-chart panel and CSV log — as soon as a tradable event forms. The final decision stays yours. Designed and field-tested on   XAUUSD M30 . Runs on M15, M30 and H1. What it watches Locked support and resistance on the current and higher timeframe, with a consistency guard (a level can never
FREE
Fibomathe for MT4
Almaquio Ferreira De Souza Junior
Fibomathe Indicator: Support and Resistance Tool for MT4 The Fibomathe Indicator is a technical analysis tool designed for MetaTrader 4 (MT4) that assists traders in identifying support and resistance levels, take-profit zones, and additional price projection areas. It is suitable for traders who use structured approaches to analyze price action and manage trades. Key Features Support and Resistance Levels: Allows users to define and adjust support and resistance levels directly on the chart. L
FREE
Time Session OPEN-HIGH-LOW-CLOSE This Indicator Will Draw Lines Of OHLC Levels Of Time Session Defined By User. It Will Plot Floating Lines On Current Day Chart. Time Session Can Of Current Day Or Previous Day. You Can Plot Multiple Session Lines By Giving Unique ID To Each Session. It Can Even Show Historical Levels Of Time Session Selected By User On Chart To Do Backdating Test. You Can Write Text To Describe The Lines.
FREE
Necessary for traders: tools and indicators Waves automatically calculate indicators, channel trend trading Perfect trend-wave automatic calculation channel calculation , MT4 Perfect trend-wave automatic calculation channel calculation , MT5 Local Trading copying Easy And Fast Copy , MT4 Easy And Fast Copy , MT5 Local Trading copying For DEMO Easy And Fast Copy , MT4 DEMO Easy And Fast Copy , MT5 DEMO 砖图Renko PRO->>> The display of the brick map on the main map. The Renko chart ideally remove
FREE
Supreme Trend
Abdulkarim Karazon
Supreme Trend is a reversal/continuation type Oscillator type indicator that is based on Moving average and stochastic indicators this indicator can be used in two methods : Reversal Method : short when golden arrow appear after arrows were above upper level (e.g 70) Reversal Method : long when Purple arrow appear after arrows were below lower level (e.g 30) Trend Method : long when arrows cross above 50 level line , short when arrows cross below 50 level line. use higher ma and stochastic peri
FREE
Pin Bar Indicator free
Luca Pulito
4.38 (13)
The Free  Pin Bar MT4  indicator  identifies Pin Bars  It will even give you sound or email alerts if want them. If you download it and like it please leave a review! It would be wonderful Pin Bars are purely based on price action as reflected by the candle formations created by Forex price movements. input Parameters are maximum allowed body/length ratio for the Nose bar. Nose body should be position in top (bottom for bearish pattern) part of the Nose bar.  tells the indicator that the Left Ey
FREE
PZ Penta O MT4
PZ TRADING SLU
2.33 (3)
The Penta-O is a 6-point retracement harmonacci pattern which usually precedes big market movements. Penta-O patterns can expand and repaint quite a bit. To make things easier this indicator implements a twist: it waits for a donchian breakout in the right direction before signaling the trade. The end result is an otherwise repainting indicator with a very reliable trading signal. The donchian breakout period is entered as an input. [ Installation Guide | Update Guide | Troubleshooting | FAQ | A
FREE
The   MarketProfileTPO   indicator for MetaTrader 5 is a powerful tool designed to bring the   Market Profile concept, based on Time Price Opportunity (TPO) analysis , directly onto your main chart window. This indicator calculates and displays the price distribution over a specified period, highlighting key areas of market activity and concentration. It is particularly optimized for   high-volatility instruments   like   NAS100, US30, and XAUUSD   when used on the M1 (1-minute) timeframe, offer
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Period Cross RSI
Davit Beridze
5 (6)
Check my p a id tools they   work  perfect! "Period Cross RSI" Is a New indicator idea that shows crosses of two RSI lines with different periods which creates ascending and descending zones for confirmation of long and short trading. This indicator is brend new and will be upgraded further, for now I recommend to use it as a confirmation, filter indicator for determination of long/short trading zones, not as a signaler indicator for now. Further upgrades can make it as a signaler indicator as w
FREE
Volatility Ratio
Noiros Tech
4.27 (15)
YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD The Volatility Ratio was developed by Jack D. Schwager to identify trading range and signal potential breakouts. The volatility ratio is defined as the current day's true range divided by the true range over a certain number of days N (i.e. N periods).  How to Use Volatility Ratio The use of a volatility ratio helps to identify situations where the price of a s
FREE
Investment Castle Volatility Index MT4
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
3.67 (3)
Investment Castle Volatility Index — Read the Market's Energy The Investment Castle Volatility Index shows you the current symbol's volume and market volatility in one clean reading. It is the same volatility engine the Investment Castle EA uses to set dynamic distances and time its opposite entries. What it does for you Volume & volatility at a glance: see how active and how volatile the current market really is. Powers dynamic distances: the same index the Investment Castle EA uses for adapt
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SR indicator
Alexander Chertnik
5 (3)
SR is a support and resistance indicator, it shows major highs and lows by different colors. The color of a level is changing if the last high or low are touching it. After the closing of a bar above or below level, it will delete it. extern inputs: loop for candles / colors / drawing time *This indicator signal is not perfect and have to be used with other market analysis and confirmations.
FREE
RoundNumber
Mohamad Zulhairi Baba
3.5 (2)
RoundNumbers indicator is a simple and powerful psychological price levels. Trader usually use these levels as a Support and Resistance (SnR). Indicator Input: Levels - Numbers of levels drawn on chart. Default 30 levels. BoxSize - Box size drawn on each levels, indicate buffers around levels. Default value 1pips (10point) above and below each levels. ZoneSize - Distance between each levels, default value 10pips (100point). Style & Colours - User inputs customization. For MT5 version, please re
FREE
We Trade Live Trend Levels
Ian Andrew Nicholson
5 (1)
We Trade Live Trend Levels  This indicator is a fantastic addition to the We Trade Live Trend Max this helps filter out noise and helps with better entries into a trade this add on is a must have and we use it all the time along side We Trade Live Trend Max this is a fantastic tool to help with entering a trade and exiting a trade,  This indicator Calculates  Volume strength  indicating levels of support and resistance for a trade, measures momentum in a market making buying or selling into the
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RCI Indicator
Etsushi Ishizuka
RCI (Rank Correlation Index) Indicator Overview The RCI (Rank Correlation Index) indicator is an oscillator-based tool that analyzes market trends and possible turning points by measuring the rank correlation of price data. It quantifies the correlation between price ranking and time ranking over a specified period, displaying values from -100 to +100 as a simple line. RCI is widely used for gauging market momentum, timing entries and exits, and can support both trend-following and counter-tren
FREE
Smart Stochastic MT4
Mostafa Saad Saeed Shawara
Product Title Smart Stochastic (MT4) – part of the SmartView series Short Description A Stochastic indicator with a unique user experience on MetaTrader platform. Features advanced capabilities not previously available, such as opening settings with double-click, hiding and showing indicators without deleting them, and displaying indicator windows at full chart size. Designed to work seamlessly with the rest of the SmartView Indicators series. Overview The SmartView series offers a unique and di
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Cross EMA with Trend Filter   is an arrow indicator that generates buy and sell signals when two exponential moving averages (EMA 9 and EMA 21) cross. The indicator features built-in trend filters (ADX or EMA slope), which significantly reduce the number of false signals in sideways (ranging) markets. The indicator displays clear arrows on the chart:   Green Up Arrow   — Buy signal   Red Down Arrow   — Sell signal Signals Buy Signal The fast EMA (9) crosses the slow EMA (21)   from below t
FREE
MT Merit Candle Count
Issara Seeboonrueang
5 (2)
Optimal Strategy Be your trading assistant MT  Merit  Candle Count : Designed for binary options trading, Indicator counts the number of bullish or bearish candlesticks, making it suitable for both martingale and standard trading strategies. It's ideal for experienced traders and applicable to Forex, helping to gauge volume and identify trends or potential reversals on the chart. Indicator for traders who prefer manual trading. TRADE: Binary Option and Forex TIME FRAME:  All Time Frame SYMBOL
FREE
R 2EMA Color
Rwy Ksyby
5 (2)
The R 2EMA Color indicator for MT4 provides solid trading signals based on the crossover of 2 EMA’s. Key Points When price crosses and closes above the two green EMA’s, it creates a buy trade signal. When price crosses and closes above the two red EMA’s, it creates a sell trade signal. The R 2EMA Color Forex indicator makes it even more easy to determine when it’s time to buy and sell A buy signal occurs when the 2 EMA lines turn green . A sell signal occurs when the 2 EMA lines turn red . How
FREE
Heikin Ashi Trend mt4
Ulises Calderon Bautista
### Heikin Ashi Trend Indicator v2.1 MQL5/MQL4 port of the Heikin Ashi Trend Indicator originally published on TradingView by dman103 (2,300+ likes, 80,000+ views). It combines Heikin Ashi candle smoothing with the Tilson T3 moving average to produce clean, noise-reduced trend signals directly on the price chart. #### How it works The indicator processes price data in two stages. First, it computes Heikin Ashi OHLC values from the regular candlestick data. Then, it applies the Tilson T3
FREE
Average Directional Movement Index (ADX) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is ADX? The Average Directional Movement Index (ADX), developed by J. Welles Wilder, is a technical indicator used to measure the strength of a trend, regardless of its direction. The ADX is derived from
FREE
The Supertrend indicator available on the MQL5 Market for MetaTrader 4 is an exceptional tool for traders seeking to identify prevailing trends in specific trading instruments. This indicator boasts two built-in indicators, Average True Range and Standard Deviation, allowing traders to choose the most suitable indicator based on their preferred trading strategy. Additionally, users can customize the period of these indicators and select the price (Close, High, Low, Open, Weighted) to which it s
FREE
ZigZag Support Resistance MT4
Emmanuel Tshepang Mosweu
4.67 (3)
This indicator uses the Zigzag indicator to identify swing highs and swing lows in the price chart.    Once it has identified the swing highs and swing lows, it can use them to determine potential support and resistance levels. A support level is formed when the price drops and bounces back up from a swing low, indicating that there is buying pressure at that level. A resistance level is formed when the price rises and reverses downward from a swing high, suggesting selling pressure at that leve
FREE
The indicator gives buy or sell signals based on the Parabolic SAR indicator, and it also contains strategies with Moving Average. There are alerts and alerts to the mobile terminal and to the mail. Arrows are drawn on the chart after the signal is confirmed. They don't redraw. I recommend watching my advisor -   Night Zen EA To keep up to date with my latest products and ideas, join my telegram channel and subscribe to my profile. The link in my profile contacts - My profile   The indicator in
FREE
SMC Institutional Visualizer with Weekly Range Box - Detect Liquidity Sweeps, BOS, Order Blocks, FVGs & Weekly Key Levels Complete Smart Money Concepts (SMC) indicator for institutional trading visualization. Detects Liquidity Sweeps, Break of Structure (BOS), Order Blocks, and Fair Value Gaps (FVG). Now includes Weekly Range Box showing last closed weekly candle's high, low, and midline. Fully customizable colors and styles. Perfect for price action and supply/demand traders. Long Description
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EMA Alert
Santi Dankamjad
5 (4)
Indicator overview   Trend indicator usage Moving averages. Highest quality alerts that need no introduction. It is completely loyal to the original algorithm and uses other useful features. Easy to trade Carry out all kinds of notifications It's not a new paint and it's not a back paint. Setting Indicator EMA50 in Time frame H1 for any pair currency and Gold Spot. EMA200 in Time frame H1 for any pair currency and more than EMA250 for Gold spot. Using it for maximum benefit Set up notification
FREE
Calculator of Lot Size
Mihails Babuskins
4.52 (23)
Calculation of Lot Size for many traders is a big challenge. A case that is very important in money management. What many traders ignore. Choosing an appropriate Lot Size in trades can improve results and it will ultimately lead to success. This indicator calculates the authorized Lot Size for your trades. The indicator uses the following values to get the appropriate Lot Size for positioning: The distance of Stop Loss. The Pip Value. The amount of Risk Allowed For Each Trade. The amoun
FREE
Wave Entry Alerts In Gold
Azad Amanuel Gorgis Gorgis
Wave Entry Alerts In Gold is a custom indicator developed by Azad Gorgis for MetaTrader 4. This indicator is designed to provide alerts based on ZigZag patterns, specifically tailored for trading on the Gold (XAU/USD) symbol. Key Features: - Chart Window Indicator: The indicator is designed to be displayed on the main chart window. - Arrow Signals: The indicator generates arrow signals on the chart, indicating potential reversal points based on ZigZag patterns. - Customizable Parameters: Trade
FREE
Free BlueDigitsFx Utility + Ecosystem Access This free tool is part of the BlueDigitsFx trading infrastructure ecosystem. Get updates, workflow resources, product releases, and official ecosystem access through the BlueDigitsFx bot. Telegram Ecosystem Website BlueDigitsFx Symbol Changer MT4 — One-Click Chart Symbol Switcher for MetaTrader 4 Workflow Efficiency BlueDigitsFx Symbol Changer is a lightweight MT4 utility that allows traders to quickly change the symbol of an existing chart while k
FREE
MA Crossover Arrows
Amit Goyal
4.7 (23)
MA Crossover Arrows is a simple indicator that draws arrows and alerts when two moving averages crossover. Supported types of moving averages Simple Exponential Smoothed Linear Weighted Supported Price types Close Open High Low Median Price (HL/2) Typical (HLC/3) Weighted Close (HLCC/4) When the fast moving average crosses above the slow moving average, a green up arrow will appear on the chart. When the fast moving average crosses below the slow moving average, a red down arrow will appear on
FREE
Reasonable Indicators, Reasonable Prices 1. Core Functions   Multi-Period Resonance : Uses   13, 34, 55   period KDJ for signal filtering.   Gap Up Capture : Identifies   Gap Up   patterns for strong start entries.   Reversal Warning : Predicts tops/bottoms using   J-value   sensitivity. 2. Signal Description   Buy Signal 1: UP (Gap Up) Displays white   “UP”   text. Indicates a   Gap Up   bullish candle above   MA5 . Shows strong   bullish power , suitable for   trend following .
FREE
Kumo Forge PRO MT4
Kestutis Balciunas
Kumo Forge Pro is a non-repainting adaptive Ichimoku trading system for MetaTrader 4. It goes far beyond the standard Ichimoku indicator by adding an adaptive volatility engine that automatically scales Tenkan-Sen, Kijun-Sen, and Span B periods based on real-time market conditions, a 9-factor confluence scoring engine rated 0--110 points, five independent signal types (TK Cross, Kijun Bounce, Cloud Edge Bounce, Chikou Breakout, and Kumo Breakout), a Momentum Pulse Engine, a Smart TP/SL system wi
FREE
T3 2Lines
Etsushi Ishizuka
T3 2Lines – Precise Trend Analysis with Dual T3 Moving Averages “T3 2Lines” is an MT4 indicator that plots two T3 (Triple Exponential Moving Average) lines on your chart—one short-term and one long-term. By combining these two smoother moving averages, traders can gain clearer insights into trend initiation, continuation, and potential reversal zones. What This Indicator Does Displays two T3 moving average lines simultaneously (short and long term) Each line has individually configurable period
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1. Monthly, weekly and daily pivots are calculated with the beginning and ending data for each period. 2. This provides an easy line on the chart to identify where the pivots are and reduces error of calculation. 3. The indicator will help define very quickly the major pivots for the instrument even if you do not understand how to calculate the pivot. 4. You can also compare weekly and daily pivots so that you can better understand the position of price. 5 This indicator will help you trade more
FREE
Investment Castle Indicator MT4
Ahmed Alaaeldin Abdulrahman Ahmed Elherzawi
4.78 (9)
Investment Castle Indicator — Know the Trend at a Glance A clean, non-repainting trend indicator that tells you instantly which way the market is leaning on any timeframe. It is the same trend engine built into the Investment Castle EA — made to keep your decisions on the right side of the move. What it does for you Clear trend direction: read the prevailing direction on every timeframe at a glance. On-chart performance: hit rate and winning rate are shown directly on the chart, so you can jud
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This indicator synchronizes vertical lines between different time frames on a same instruments. Draw, drag, moifying the style or color, delet will be synced. The indicator has a hotkey function or use the Metatrader 4 default toolbar icon. Modify the defult hotkey ('V') according to your personal pereferences. This will helps to do the multi timeframe technical analysis. Happy trading! 
FREE
Percentage Levels MT4
Alexandre Borela
4.67 (3)
If you like this project, leave a 5 star review. As institutionals trade large volumes, it is not uncommon for them to try to defend their position at specific percentage levels. These levels will serve as a natural support and resistance which you can use either to enter a trade or be aware of possible dangers against your position. An example of a common used percentages are 0.25% and 0.50% on EURUSD for the week, you can see this example on the screenshots. With this indicator you will be abl
FREE
Trex MT4
Ashkan Hazegh Nikrou
Trex – Trend Detection & Entry Signal Indicator Trex is a powerful yet simple trend-following indicator designed to help traders identify market trends and precise entry points with high clarity. Trex works based on slope analysis of Bollinger Bands and Moving Averages, combined with smart external filters to reduce bad signals as much as possible and improve overall trading accuracy. The indicator focuses on trend trading and avoids unnecessary complexity, making it suitable for both beginners
FREE
Rsi Ema Momentum
Salvatore Colombo
RSI + EMA Momentum MetaTrader 4 Indicator for RSI-Based Momentum Analysis RSI + EMA Momentum is a MetaTrader 4 indicator designed to measure momentum using the relationship between RSI and its exponential moving average (EMA). Instead of relying exclusively on traditional overbought and oversold levels, the indicator evaluates the distance between RSI and its EMA and normalizes the result using standard deviation. This approach provides a momentum score that adapts to different volatility condit
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Volume Oscilator is a popular indicator available in trading view which is very popular among traders Definition The Volume Oscillator is an indicator made up of two Moving Averages (MA) surrounding volume, one being fast and the other slow. The slow volume MA value is then subtracted from the value of the fastlow Moving Average. The Volume Oscillator measures volume by analyzing the relationship between the two Moving Averages mentioned. When combined with other indicators it provides a very st
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High/Low Daily Levels is a robust, lightweight, and precision-engineered technical indicator designed for MetaTrader 4. It plots the High and Low prices of the trading session as clean, horizontal dashed lines directly on your active chart. Whether you trade breakouts, trend continuations, or mean-reversion strategies around key session boundaries, this indicator ensures you always have precise visual references without cluttering your workspace. Key Features: * Dual Mode Operation: Choose be
FREE
The London Breakout
Elvis Wangai Muriithi
5 (1)
The London breakout is an indicator that is designed to give London moves signals and performance. London session is such a very volatile trading hours and anticipating a breakout from one of the slowest trading sessions (Asian session) can result to potential trading profits. London breakout is a very common trading strategy among retail traders. This indicator will track previous London breakouts, calculate their trade outcome based on an input TP and SL factor and display the results on a sim
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EasyADX MT4
Raymond Codjia
EasyADX - Color Trend Histogram & Alerts for MT5 Visual color-coded ADX Trend Histogram with automatic pop-up and push notifications. Instantly spot strong trends and filter out noisy sideways markets. Key Features: 3-Color Visual Histogram: Green for Strong Uptrends, Red for Strong Downtrends, Gray for Flat/Ranging markets. Custom ADX Threshold: Easily adjust the trend filter level (default at 25). Real-Time Alerts: Get Pop-up alerts and Push Notifications on your phone right at the start of a
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How To Use Check out this post for detailed description on  All Indicator extras and template: https://www.mql5.com/en/blogs/post/758259 The Best Heiken Ashi System is a simple trading system for trading based only two indicators for generate signals: Heiken ashi smoothed and Vqzz indicator multi-timeframe. The system was created for scalping and day trading but can also be configured for higher time frames. As mentioned, the trading system is simple, you get into position when the two indica
FREE
DrawDown
Irwan Adnan
4 (1)
This indicator shows drawdown based on highest equity. Usually drawdown is used to show performance of a trading account especially when someone participate in a trading contest. If drawdown  exceed a determined number, the contest account will be disqualified. So, I hope, this indicator will warn us in maintaining the drawdown and the account still be saved.
FREE
The indicator is designed for fast scalping. The principle of operation of the indicator is based on the direction of the Moving Average. The period and sensitivity of the Moving Average can be adjusted for yourself in the indicator settings. I recommend watching my advisor -   Night Zen EA Subscribe to my telegram channel, link in my profile contacts. Advantages of the indicator: The free version is full, there are no additional purchases The arrows are not redrawn, the signal comes after co
FREE
ForexFanclub(FFC) : For detailed instructions and our official website, please visit   my profile ! Localtime - Chart Time Display Utility Trading across multiple time zones can sometimes be confusing.   Localtime   is a lightweight, easy-to-use utility indicator designed to display your preferred local time (or any specific time zone) directly on your MetaTrader chart. By keeping the current time visible at a glance, you can easily track market session openings, upcoming economic news releases
FREE
[Deviation of each indicator MT4] is a collection of 18 indicators, and one of them can be arbitrarily selected to participate in the calculation. It can calculate the deviation form of each indicator and can prompt an alarm. Parameter setting description: [indicators] is to choose one of the 18 indicators to participate in the calculation (this parameter is very important) . [period] is a common cycle for each indicator. [Method] is the MA mode of some indicators. [Apply_to] is the applic
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Aegis Horizon Channel
Ilham Hijrah Saputra
1. Architectural Overview Most retail channel indicators (such as traditional Triangular Moving Averages or Centered Moving Averages) suffer from "repainting"—a deceptive mechanism where past signals alter their historical placement as new data flows in. Aegis Horizon Channel Pro   eliminates this vulnerability. Built upon a robust   Exponential Moving Average (EMA)   baseline and mapped using the volatility expansion framework of the   Average True Range (ATR) , the boundaries establish perman
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Vispucci
Abraham Correa
Behaving in a similar fashion as the price action of a chart, the indicator uses " Trix " to opportune itself to the exposure of divergency, flat/low market volume, and price action expansion . The TRIX indicator nicknamed after the  Triple-Exponential-average,  is a momentum-based oscillator that filters minor price changes and fluctuations that are considered insignificant for forex trading whilst providing money making opportunities!  Overall, TRIX is a leading indicator that shows diverge
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Every trader knows the ritual: open the indicator settings, change a number, click OK, squint at the chart, decide it is wrong, open settings again. If you trade on MetaTrader 4, you have done it for years -- and the MACD gives you three numbers to argue about at once, Fast, Slow and Signal, with the standard 12/26/9 as a convention, not a law. MACD Live Tuner ends the ritual. It is a MACD that you tune directly on the chart, live , in its own window. A small panel sits on your chart with slider
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Enhance your trading precision with the   WH  Trading Sessions MT4   indicator for MetaTrader 4! This powerful tool helps you visualize and manage key market sessions effortlessly. Based on : WH SMC Indicator MT4 MT5 Version :  WH Trading Sessions MT5 Key Features: Interactive GUI Panel   – Easily select and toggle between   Asia, London, and New York   trading sessions. Customizable Alerts & Settings   – Tailor the indicator to your strategy with an intuitive   Options Tab . Fast & Respons
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YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>>    GO HERE TO DOWNLOAD Camarilla Pivots Historical plots the historical data of the camarilla pivot point levels on the chart. The Camarilla Pivot levels was originated in 1989 by Nick Scott. The levels are used as primary support and resistance levels by Intraday traders. The levels are calculated with the following formula: R4 = C + RANGE * 1.1/2 R3 = C + RANGE * 1.1/4 R2 = C + RANG
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The Symmtric Trangle Pattern MT4 indicator is designed to enhance trading strategies by identifying symmetrical triangle patterns in real-time on MetaTrader 4. This powerful tool benefits traders looking for reliable signals indicating potential trend continuation or reversal, ultimately aiding in more informed decision-making. With its advanced algorithm, the indicator simplifies the trading process by providing clear visual signals and alerts, making it easier for traders to capitalize on mark
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The ZigZag Repaint Tracker indicator is a powerful tool for traders and analysts, which not only constructs the classic ZigZag but also carefully tracks all instances of its repainting across the entire historical dataset. Main features and advantages: Full history analysis: The indicator analyzes the entire available chart history, identifying moments when ZigZag changed its extremes, which allows understanding the dynamics and reliability of the constructions. Tracking repainting: Unlike stand
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On Balance Volume (OBV) indicator with multi-timeframe support, customizable visual signals, and configurable alert system. Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile . Feedback and reviews are highly appreciated! What is OBV? On Balance Volume (OBV) was developed by Joe Granville and is a volume-based momentum indicator that uses cumulative volume flow to predict price changes. It adds volume on up days and subtracts volume on down day
FREE
RSI TrendGate
Etsushi Ishizuka
Product Description RSI TrendGate 3MA is an MT4/MT5 chart indicator designed for trend direction confirmation. It evaluates trend direction using a combination of three Moving Averages (MA) and the Relative Strength Index (RSI), and displays arrows in the chart window when the direction state changes according to the selected conditions. This indicator is not intended to be used as a standalone entry signal. A recommended workflow is to confirm direction on a higher timeframe and apply your own
FREE
LordAutoFibonnaci
Igor Pereira Calil
5 (2)
Lord Auto Fibonnaci is a free indicator for Meta Trader, in order to show the most famous chart in the financial market known as "Fibonnaci". As we can see in the images below, the fibonnaci table will automatically analyze the graph for you, with trend factors through percentage, almost infallible use, you can always work when the percentage is low or high, start shopping and sales on time, great for analyzing entries! In the images below we can see an example in gold in H4, where we are at
FREE
RSI Color Candles with Moving Average
John Louis Fernando Diamante
4.75 (4)
See RSI values turned into colored candles This indicator provides both colored candles and a colored moving average. 6 drawaing styles are provided to allow customization of the color coding. Applying coding to the chart may help in conceptualizing price trend and impulse movements defined through RSI values. Features - optional colored candles - optional colored ma - 6 draw styles; RSI slope RSI above/below overbought/oversold levels RSI above/below level 50 RSI above/below it's moving average
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The   Pivot Point indicator   automatically calculates and displays the pivot point line and support and resistance levels. Pivot can be calculated according to the Classic, Floor, Fibonacci, Woodie, Camarilla or DeMark formula. It is also possible to select the period for calculating the indicator. A trader can choose from daily, weekly, monthly, or user-defined periods. Types of pivots Classic Floor Fibonacci Woodie Camarilla DeMark Main features The indicator shows the current and historic
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This indicator allows to analyze a chart using the rule of supple and demand. You will see zones of sales and purchases and determine the most profitable points to open positions. The indicator is based on the principle of market fractality. Chart zones show places where a strong buyer or seller has made the price reverse and change its direction. The indicator has several types of zones calculation. Color and type of zones displaying are set as desired. The zone width can be displayed in pips.
FREE
Filtered TMA Arrows
Davit Beridze
3.8 (5)
Check my p a id tools they   work  perfect please r ate Here is an Upgraded version with Bonus Ea in case of purchase it costs 30$ only and you get Ea as Bonus:  https://www.mql5.com/en/market/product/96835 This indicator is experimetal, it shows TMA channel arrows with Volatility filter built in to avoid lagging. Try to experiment with it, search for better conditions of use. It is possible to adjust different timeframes for TMA and for Volatility filter Same time on the current chart, so it ma
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This indicator uses a different approach from the previous version to get it's trendlines. This method is derived from Orchard Forex, and the process of making the indicator is demonstrated in there video   https://www.youtube.com/watch?v=mEaiurw56wY&t=1425s . The basic idea behind this indicator is it draws a   tangent line   on the highest levels and lowest levels of the bars used for calculation, while ensuring that the lines don't intersect with the bars in review (alittle confusing? I know
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A1rum V38 Zone Compass is a clean visual indicator designed to help traders read market structure using V38 zone levels. The indicator shows V38 zone high, mid and low levels directly on the chart, with candle coloring to help identify whether price is trading above, below or inside the active zone. A compact dashboard displays market bias, price area, market mode, trend bias, trend strength and current zone status. Optional popup, email and push alerts are also available for zone state and
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Fibonacci SR Indicator
Martin Eshleman
5 (1)
Fibonacci SR Indicator This indicator creates support and resistance lines. This indicator is based on Fibonacci Retracement and Extension levels. It will consider many combinations of the Fibonacci levels and draw support/resistance lines based on these. This indicator uses tops and bottoms drawn by the ZigZag indicator in its calculations. The ZigZag can also be drawn on the chart, if necessary. The indicator considers many combinations of past reversal points and Fibonacci ratio levels, and w
FREE
Ind Dochian Chanel mt4
Mauricio Valbuena
5 (3)
The Donchian channel is an indicator that takes a series of user-defined periods and calculates the upper and lower bands. Draw two lines on the graph according to the Donchian channel formula. This straightforward formula is based on: The top line is the highest price for the last periods n The bottom line is the lowest price for the last periods n Trend systems follow periods when support and resistance levels are broken. in this case when the price breaks the upper line or the lower line o
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CPR Pivot Lines
Hiren Parekh
4.75 (4)
CPR Pivot Lines It Will Draw Pivot   Point R1,R2,R3 S1,S2,S3 Tc Bc   Best Part Is That You Can Even Add Values Of High,Low,Close Manually Also To Get Your All Levels On Chart. So If Your Broker Data Of High ,Low ,Close Is Incorrect Then You Don’t Have To Depend On Them Anymore. You Can Even Modify All Lines Style. It Will Show Line In Floating Style And Not Continues Mess.
FREE
TCL SQ Super Bands is a volatility band indicator for MetaTrader 4. It replaces the symmetric Standard Deviation math used by Bollinger Bands with either Semi-Sigma (asymmetric volatility) or Quantile (percentile) calculations, producing bands that adapt to market skewness. How It Works Standard Bollinger Bands assume price moves symmetrically around the mean, but real markets often show skew, with larger or more frequent moves in one direction. This indicator offers two alternative band logics
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TrendLines Cross with Alert
Trade The Volume Waves Single Member P.C.
4 (4)
Trend Lines Cross  This indicator will alert you on any cross of a Trendline. You can draw up to two trend lines and form a channel, a pennant , a triangle or a simple trend and when the price crosses either trend line the indicator  will provide you with alerts that you define plus an up or down arrow when the cross happened. How to:   Draw the 1st trendline and name it tl1.  Draw the 2nd trendline and name it tl2. Select which type of alerts you would like in the indicator properties and you a
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